Colgate-Palmolive COO sells 19,938 shares
The COO sold the same 19,938 shares acquired through the option exercise, at prices ranging from $98.585 to $98.97.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Colgate-Palmolive (CL) COO Panagiotis Tsourapas exercised 19,938 stock options on November 4, 2026, at a $76.41 exercise price, acquiring 19,938 common shares. Tsourapas sold 19,938 shares the same day at a weighted average price of $98.7415; sale prices ranged from $98.585 to $98.97. A portion of the sale proceeds was delivered to the issuer for payment of the exercise price and related tax withholding.
The reported post-transaction option balance was 0. Separate indirect common-stock holdings were 4,645 shares by the issuer's 401(k) Plan Trustee and 67,237 shares by a trust; the trust amount includes 2,336 shares previously reported as directly beneficially owned.
Insider Trade Summary
Exercise and Sale: 19,938 shares ($445K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Tsourapas Panagiotis
Role
COO, CD, EMEA, APac, Skin
Sold
19,938 shs ($1.97M)
Approx. gross sale proceeds
$1.97M
Approx. exercise cost
$1.52M
Approx. pre-tax spread
$445K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F5 | 19,938 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 19,938 | $76.41 | $1.52M |
| Sale | Common Stock F2, F3 | 19,938 | $98.7415 | $1.97M |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 9,111 shares (Direct);
Common Stock — 4,645 shares (Indirect, By Issuer's 401(k) Plan Trustee);
Common Stock — 67,237 shares (Indirect, By Trust)
Footnotes (5)
- F1. Exercise of stock options awarded under the issuer's incentive compensation plan.
- F2. Sale of shares with a portion of the proceeds delivered to the issuer for payment of the exercise price of options under the issuer's incentive compensation plan and the related tax withholding.
- F3. Weighted average price, as these shares were sold in multiple transactions at prices ranging from $98.585 to $98.97, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. This amount includes 2,336 shares that were previously reported as directly beneficially owned.
- F5. Option became exercisable in one-third increments beginning on the first anniversary of the September 10, 2020 grant date.
Key Figures
Stock options exercised: 19,938 options
Exercise price: $76.41 per share
Common shares sold: 19,938 shares
+5 more
8 metrics
Stock options exercised
19,938 options
November 4, 2026
Exercise price
$76.41 per share
Options exercised November 4, 2026
Common shares sold
19,938 shares
November 4, 2026
Weighted average sale price
$98.7415 per share
Sale on November 4, 2026
Sale price range
$98.585 to $98.97 per share
Multiple sale transactions
Post-transaction option position
0 shares
Reported after the November 4, 2026 transaction
Indirect common shares by issuer's 401(k) Plan Trustee
4,645 shares
Reported November 4, 2026
Indirect common shares by trust
67,237 shares
Includes 2,336 shares previously reported as directly beneficially owned
Key Terms
stock options, incentive compensation plan, weighted average price, tax withholding
4 terms
stock options financial
"Exercise of stock options awarded under the issuer's incentive compensation plan."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
incentive compensation plan financial
"stock options awarded under the issuer's incentive compensation plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
weighted average price financial
"Weighted average price, as these shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding financial
"payment of the exercise price of options under the issuer's incentive compensation plan and the related tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When did the CL options become exercisable?
The options became exercisable in one-third increments beginning on the first anniversary of the September 10, 2020 grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
